Adam Hakki (New York-Litigation), partner and Global Head of Shearman & Sterling’s Litigation Group, was a faculty member at the American Law Institute’s conference on Securities and Shareholder Litigation 2016: Cutting‐Edge Developments, Planning and Strategy, on March 31, 2016 at the New York State Society of CPAs Conference Center in New York. The faculty at the conference included prominent securities litigators, government regulators and in-house litigation personnel at major financial institutions.

The conference provided an in-depth update on significant developments in federal and state securities and shareholder litigation and government enforcement. Hakki was speaker on the following panel:

Developments in Securities Class Actions

• “Confidential witnesses”: Increasing judicial scrutiny, discovery, and Millennial Media
• Omnicare: Liability for statements of opinion and the application by courts to date
• Janus: Liability for statements by others
• Item 303 disclosure obligations regarding trends and uncertainties and the interplay with securities fraud claims under the 1934 Act, Nvidia, and Stratt-McClure